Frank Nez on LinkedIn: Mullen Provides New Update on Vehicle Production and Deliveries (2024)

As the end of 2023 approaches, final estimates for production schedules indicate that global automakers will have cut nearly 2.5 million throughout 2023 from their forecasts. However, this represents a 43% reduction in vehicles cut from production schedules compared to the 4.3 million cut in 2022. Estimates for the remainder of the year call for a reduction of 8,100 vehicles in production lines, with 35% of those from North American facilities. Source:https://lnkd.in/eh4rY5Vg#InvestmentBanking #MiddleMarket #Finance #MergersAndAcquisitions #PrivateEquity #CapitalRaising #Automotive #AutoIndustry #Automakers #AutoProduction

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General Motors (GM) has temporarily halted the production of trucks due to a shortage of critical components. This disruption in the supply chain has impacted several of GM's manufacturing facilities, leading to production delays. The company is actively working to address the parts shortage and minimize the impact on its operations.General Motors#automotiveengineering #automotivenews#automotivesupplychain

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Whether you build cars or make cinnamon rolls, SOS Inventory gives you all the right tools 🔧to manage every aspect of your manufacturing process. https://smpl.is/nnxf #SOSInventory #manufacturingprocess #businessmanagement #toolsforbusiness #inventorymanagement

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As the end of 2023 approaches, final estimates for production schedules indicate that global automakers will have cut nearly 2.5 million throughout 2023 from their forecasts. However, this represents a 43% reduction in vehicles cut from production schedules compared to the 4.3 million cut in 2022. Estimates for the remainder of the year call for a reduction of 8,100 vehicles in production lines, with 35% of those from North American facilities. Source:https://lnkd.in/gst77gMn#InvestmentBanking #MiddleMarket #Finance #MergersAndAcquisitions #PrivateEquity #CapitalRaising #Automotive #AutoIndustry #Automakers #AutoProduction

As the end of 2023 approaches, final estimates for production schedules indicate that global automakers will have cut nearly 2.5 million throughout 2023 from their forecasts. However, this represents a 43% reduction in vehicles cut from production schedules compared to the 4.3 million cut in 2022. Estimates for the remainder of the year call for a reduction of 8,100 vehicles in production lines, with 35% of those from North American facilities. Source:https://lnkd.in/eeSUFK6P#InvestmentBanking #MiddleMarket #Finance #MergersAndAcquisitions #PrivateEquity #CapitalRaising #Automotive #AutoIndustry #Automakers #AutoProduction

Supply constraint shuts down GM truck plant again: https://shorturl.at/uQ045

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Automobile manufacturers are currently undertaking a strategic re-evaluation and consequent scaling back of their electric vehicle (EV) investments and production capabilities. This recalibration signifies a profound shift for the entire automotive supply chain, particularly for suppliers who had forecasted and committed to significantly higher sales volumes based on previous growth trajectories.Kevin Krakora, Managing Director and Automotive Practice leader delves into this topic more in his recent article, “EV Production Stalls. What can Suppliers Do?,” which was originally featured in Motor Magazine.Read here: https://lnkd.in/gc9uK9kh

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As the end of 2023 approaches, final estimates for production schedules indicate that global automakers will have cut nearly 2.5 million throughout 2023 from their forecasts. However, this represents a 43% reduction in vehicles cut from production schedules compared to the 4.3 million cut in 2022. Estimates for the remainder of the year call for a reduction of 8,100 vehicles in production lines, with 35% of those from North American facilities. Source:https://lnkd.in/enRB7CZs#InvestmentBanking #MiddleMarket #Finance #MergersAndAcquisitions #PrivateEquity #CapitalRaising #Automotive #AutoIndustry #Automakers #AutoProduction

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Mullen Automotive Provides Fiscal Third Quarter Results and Current Business Update: … Advanced Energy Operations Mullen Automotive forms Mullen Advanced … 302,594,478 MULLEN AUTOMOTIVE INC. CONDENSED CONSOLIDATED STATEMENTS OF … 753,474 MULLEN AUTOMOTIVE INC. CONDENSED CONSOLIDATED STATEMENTS OF … #car #cars #awesome

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